Kotak Mahindra Bank Ltd., incorporated in the year 1985, is a banking company (having a market cap of Rs 355194.50 Crore).
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 16175.87 Crore, up 9.04 % from last quarter Total Income of Rs 14834.99 Crore and up 33.85 % from last year same quarter Total Income of Rs 12084.71 Crore. The bank reported net profit after tax of Rs 2589.32 Crore in latest quarter.
Investment Rationale
Stock bottomed out on daily frame along with bullish crossover on mechanical indicators
Promoter/FII Holdings
Promoters held 26.1 per cent stake in the company as of Sept 30, 2020, while FIIs held 42.2 per cent, DIIs 15.3 per cent and public and others 16.5 per cent.
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